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Sensex, Nifty Touch New Highs In Early Trade

RTTNews | 588日前

Sensex, Nifty Touch New Highs In Early Trade

(RTTNews) - Indian shares scaled new record highs on Thursday, as the dollar eased and Treasury yields touched seven-month lows amid rising bets that the Federal Reserve will start cutting interest rates soon.

A sharp fall in oil prices overnight also offered support on the eve of the monthly expiry of December month derivative contracts.

The benchmark S&P BSE Sensex rose 292 points, or 0.4 percent, to 72,323 in early trade, while the broader NSE Nifty index was up 78 points, or 0.4 percent, at 21,733.

Bajaj FinServ, NTPC, Hero MotoCorp, Mahindra & Mahindra and SBI Life all rose over 1 percent in the Nifty pack while Dr Reddy's Laboratories, Asian Paints and Bajaj Auto were seeing modest losses.

Infosys edged down slightly after alleging unfair employee poaching by Cognizant. Adani Total Gas dropped 1 percent. The company has signed a pact with Flipkart to decarbonize its supply chain.

Adani Energy Solutions Ltd., earlier known as Adani Transmission, was marginally higher after it signed a share purchase agreement to acquire Halvad Transmission Ltd. from PFC Consulting Ltd.

South Indian Bank was slightly higher on fund raising reports.

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Bank Of England Cuts Rate In Tight Vote

Bank Of England Cuts Rate In Tight Vote

The Bank of England reduced its benchmark interest rate in a close call on Thursday suggesting that the monetary easing cycle is nearing an end as policymakers became more concerned about persistent inflation. The Monetary Policy Committee, headed by BoE Governor Andrew Bailey, voted 5-4 to cut the bank rate by 25 basis points to 4.00 percent.

RTTNews | 42分前

Global Cues, Firm Commodity Prices Point To Another Firm Start On Bay Street

Global Cues, Firm Commodity Prices Point To Another Firm Start On Bay Street

Canadian shares are likely to open higher Thursday morning, tracking positive global cues and higher commodity prices.

RTTNews | 1時24分前

U.S. Labor Productivity Surges 2.4% In Second Quarter

U.S. Labor Productivity Surges 2.4% In Second Quarter

Labor productivity in the U.S. saw a significant rebound in the second quarter of 2025, according to preliminary data released by the Labor Department on Thursday.

RTTNews | 1時32分前

U.S. Weekly Jobless Claims Rise More Than Expected

U.S. Weekly Jobless Claims Rise More Than Expected

A report released by the Labor Department on Thursday showed first-time claims for U.S. unemployment benefits rose by more than expected in the week ended August 2nd.

RTTNews | 1時38分前

Pound Jumps After BoE Rate Decision

Pound Jumps After BoE Rate Decision

The British pound strengthened against other major currencies in the European session on Thursday the Bank of England (BoE) reduced UK interest rates by a quarter point, making it the fifth reduction in a year, although almost half of its policymakers opted to maintain borrowing costs.

RTTNews | 2時6分前

CAC 40 Remains Firmly Up; ArcelorMittal Rises Over 7%

CAC 40 Remains Firmly Up; ArcelorMittal Rises Over 7%

French stocks are up in positive territory on Thursday, despite concerns about the impact of U.S. tariffs that come into force today. Investors are largely focusing on earnings, and digesting the Bank of England's interest rate decision.

RTTNews | 2時7分前

Pound Rises Against Majors

Pound Rises Against Majors

The British pound strengthened against other major currencies in the European session on Thursday.

RTTNews | 2時23分前

Euro Rises Amid Trump's Tariff Implementations

Euro Rises Amid Trump's Tariff Implementations

The euro strengthened against other major currencies in the European session on Thursday, as European shares rallied following the implementation of Trump's extensive "reciprocal" tariffs, which include a blanket 15% tax on exports from the EU.

RTTNews | 2時41分前

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